Inflation expectations remain anchored in Mexico as the central bank has tightened monetary policy while unanchored expectations in Argentina will require action "on a number of fronts" a top official at the International Monetary Fund said on Thursday.
Interest rate increases are expected to continue across Latin America as the region reacts to inflation pressures, even as economies operate below their potential, the International Monetary Fund said on Thursday.
Europe should not see an inflation spiral as a spike in energy prices is expected to fade next year and there is slack in the continent's labor market, the IMF European department chief said on Wednesday.
The International Monetary Fund on Tuesday slashed this year's economic growth forecast for Asia and warned that a fresh wave of COVID-19 infections, supply chain disruptions and inflation pressures pose downside risks to the outlook.
The second-ranking U.S. Treasury official told senators on Tuesday that the agency would hold International Monetary Fund Managing Director Kristalina Georgieva accountable for changes needed to safeguard IMF integrity in the wake of a World Bank data-rigging scandal.